OSC Slams KPMG for Failing to Flag Bridging Finance Loan Valuations

The Ontario Securities Commission (OSC) has launched an enforcement action against KPMG LLP, alleging significant audit failures in its 2019 and 2020 reviews of four funds managed by Bridging Finance Inc. This move comes as the fallout from Bridging’s collapse continues to reverberate, with investor losses now estimated at $1.3 billion. The OSC claims KPMG […] The post OSC Slams KPMG for Failing to Flag Bridging Finance Loan Valuations appeared first on the deep dive.